Shanthala FMCG Products Limited has appointed Chaudhary Chaudhary & Co as a forensic auditor to investigate gaps and inconsistencies identified in its books of account for the financial year ended March 31, 2026. The decision follows observations made by the Statutory Auditors during the finalization of financial statements, which revealed issues in internal documentation and financial reporting processes subsequent to the half-year ended September 30, 2025. The Board initiated the audit to ensure the financial statements present a true and fair view of the company's affairs.

The Board of Directors met on June 07, 2026, to approve the appointment and address the need for independent verification. The forensic audit will review the books of account, records, transactions, and related matters for the relevant period. This move is intended to uphold transparency, good governance, and the protection of stakeholder interests.

In addition to the forensic appointment, the Board re-appointed M/s. Kalpesh Khatri & Associates, Chartered Accountants, as the Internal Auditor of the company. The firm, registered under number 0139570W, will serve for a tenure of two consecutive financial years commencing from April 1, 2026, and concluding on March 31, 2028.

The table below summarizes the key appointments approved by the Board:

The company stated that it will extend full cooperation to the forensic auditor to ascertain the correct factual position. The meeting was held from 04:00 PM to 06:15 PM IST on June 07, 2026.

Shanthala FMCG Products Limited has informed the National Stock Exchange of India Limited (NSE) of a delay in submitting its standalone and consolidated audited financial results for the half year and year ended March 31, 2026. The intimation, dated May 30, 2026, was made pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in response to an exchange communication dated May 29, 2026.

Reason for Delay

The company has cited an ongoing audit process as the primary reason for missing the prescribed submission deadline of May 30, 2026, as required under Regulation 33(3)(d) of the SEBI (LODR) Regulations, 2015. Key details of the delay are outlined below:

According to the company's disclosure, the statutory auditors have sought certain clarifications from the management and the Chief Financial Officer (CFO), as a result of which the accounts are yet to be finalised. The preparation of accounts and the audit thereof is described as still continuing, with the statutory auditors in the process of conducting a detailed review before finalisation.

Trading Window Status

In line with applicable insider trading regulations, the company has also provided an update on the status of the trading window for insiders. The trading window, which has been closed with effect from April 1, 2026, will continue to remain closed until 48 hours after the dissemination of the standalone and consolidated audited financial results for the year ended March 31, 2026, with both days inclusive.

Steps Being Taken

Shanthala FMCG Products Limited has stated that it is taking all necessary steps to expedite the completion of the audit and ensure that the financial results are finalised and submitted to the exchange at the earliest. The company has also indicated that measures are being undertaken to strengthen internal procedures with the aim of avoiding recurrence of such delays in the future. The disclosure was signed by Director Santosh Kudva (DIN: 00040892) on May 30, 2026.